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Pacific American Holdings Ltd. ( (AU:AVM) ) has provided an announcement.
Advance Metals Limited has commenced on-ground activities at its Yoquivo Silver Project in Chihuahua, Mexico, following its acquisition from Golden Minerals Company amid record high silver prices. The project is known for its high-grade silver and gold systems, with previous drilling indicating significant potential. The company plans to conduct confirmatory and extensional drilling to optimize site access and high-priority drill targets, while engaging with local communities and authorities to secure necessary approvals. This development is expected to enhance Advance’s portfolio and strengthen its position in the silver mining sector.
More about Pacific American Holdings Ltd.
Advance Metals Limited operates in the mining industry, focusing on the exploration and development of high-grade precious metal projects. The company’s primary product includes silver, with a market focus on significant exploration potential in regions such as Chihuahua, Mexico.
YTD Price Performance: 26.67%
Average Trading Volume: 2,641,794
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.73M
See more data about AVM stock on TipRanks’ Stock Analysis page.
